Thursday, 28 November 2019

India Cold Chain Logistics Market to Grow at 16% CAGR till 2024


Increasing demand for frozen and dairy food and growing healthcare industry to fuel India cold chain logistics market through 2024

According to TechSci Research report, India Cold Chain Logistics Market By Type, By Product Type, By Sector, By Region, Competition, Forecast & Opportunities, 2024”, India cold chain logistics market is projected to grow at a CAGR of over 16% during 2019-2024, owing to growing processed food and healthcare industry. Increasing awareness of food wastage and health consciousness is also strengthening the demand for cold storages across the country. Moreover, the increasing technological adoption by market players such as RFID, GPS, Bar-code, etc., along with government initiatives like SAMPADA Scheme for cold chain infrastructure is expected to drive the India cold chain logistics market during the forecast period. 

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On the basis of type, India cold chain logistics market has been categorized into temperature-controlled storage and temperature-controlled transportation. The temperature-controlled storage segment is accounted for the largest market share in 2018, owing to the increasing demand for cold storage from different food segments like frozen food, vegetables, etc. North India is expected to account for the largest market share in the coming years, owing to the growth of food processing industries and increasing production of fruits and vegetables in the region.


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Few of the major players operating in India cold chain logistics market include Gati Kausar, Snowman Logistics, Kool-ex, DHL, Cold Star Logistics, M J Logistics, Gubba Cold Storage, Kuehne + Nagel among others. “Cold chain logistics allows efficient storage and transportation of temperature-sensitive products, allowing their use across various end-users. Moreover, increasing inclination towards organized retail sector is likely to further propel the market over next few years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India Cold Chain Logistics Market By Type, By Product Type, By Sector, By Region, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of India cold chain logistics market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India cold chain logistics market.

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Mr. Ken Mathews
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Wednesday, 27 November 2019

India Off Highway Vehicle Tire Sales to Register CAGR of 15% through 2025

Demand for off highway vehicle tires in India is expected to rise owing to increasing use of agricultural machineries to support the rising crop demand and growing use of off highway vehicles like, earth movers, construction and mining equipment
According to TechSci Research report, “India Off Highway Vehicle Tire Market By Vehicle Type, By Demand Category, By Radial vs Bias, By Region, Competition, Forecast & Opportunities, 2025”, off highway vehicle tire market in India is projected to exhibit a CAGR of 15% during 2020 - 2025, on account of rising number of infrastructure development projects such as port development, smart city projects, etc. Moreover, gradual advancements of mechanization in agricultural sector, expanding off highway vehicle fleet size and consistently increasing off highway vehicle tire prices are also expected to positively influence the market in the coming years.

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In 2019, India off highway vehicle tire market was dominated by farm equipment tire segment, followed by earth moving equipment and Mining, Construction & Industrial Equipment tire segments. Farm equipment holds the largest share in the market owing to consistent growth in usage of tractors for agricultural purposes. Few of the prominent off highway vehicle tire manufacturing companies in India include Goodyear, CEAT, MRF, JK Tyres, Apollo Tyre, among others. In 2019, northern region accounted for the largest market share in India off highway vehicle tire market, followed by southern, eastern & western regions.
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“Due to huge and rising investments in several infrastructure projects announced by government of India like, USD 120 billion investment for road widening projects by 2020, USD 60 billion for port development by 2020, and USD 32 billion for 100 smart cities and 500 AMRUT cities within next five years, the sales of earth moving equipment and heavy machineries is expected to increase in the coming years. This coupled with increasing mining activities and growing adoption of tractors in agriculture sector is expected to continue boosting sales of off highway tires in India over the course of next five years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
India Off Highway Vehicle Tire Market By Vehicle Type, By Demand Category, By Radial vs Bias, By Region, Competition, Forecast & Opportunities, 2025” has analyzed the potential of India off highway vehicle tire market, and provides information and statistics on market structure, imports and trends. The report intends in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. The report also identifies and analyzes emerging trends along with essential drivers and key challenges faced by India off highway vehicle tire market.
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About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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Automotive Voice Recognition System Market to Grow at 20% until 2024 – TechSci Research

Increasing technology advancements, rising demand for connected vehicle features and growing sale of high end passenger cars to drive global automotive voice recognition market through 2024
According to TechSci Research report, “ Global Automotive Voice Recognition System Market By Vehicle Type, Internal Combustion Engine, By End-User, By Region, Competition, Forecast & Opportunities, 2024”, the global automotive voice recognition system market is forecast to witness a CAGR of 20% during 2019-2024, predominantly owing to increasing demand for connected  automobiles.  Moreover, integration of technologies and rise in demand for enhanced comfort & convenience features is driving the automotive voice recognition system market during the forecast period.

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Global automotive voice recognition system market can be segmented based on vehicle type, end user and by technology. Mid-price vehicle is the dominant segment in the voice recognition system market, owing to their high sales volume. In terms of vehicle type, the market is segmented into Internal Combustion Engine (ICE), (Battery Electric Vehicle (BEV) and Hybrid Vehicles, of which, the ICE segment dominates the market and the trend is likely to continue during the forecast period.
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 Nuance Communications, Sound Hound, Harman, Inago, Vocalzoom, etc., are the leading players operating in the global automotive voice recognition market. Companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their market penetration. “Surging popularity of connected vehicles is pushing the companies to focus on improving the functionality of vehicles, which is positively influencing the global automotive voice recognition market. The market is dominated by North America and the region is expected to lead the pack in the coming years as well. Nevertheless, APAC is forecast to witness robust growth in adoption of automotive voice recognition systems through 2024 ”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
Global Automotive Voice Recognition System Market By Vehicle Type, Internal Combustion Engine, By End-User, By Region, Competition, Forecast & Opportunities, 2024 has evaluated the future growth potential of automotive voice recognition system market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the global automotive voice recognition system market.
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About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
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North America to Dominate In Flight Voice Recognition Market During Forecast Period

Technological advancements leading to automation in aviation industry are expected to drive global in flight voice recognition market

According to TechSci Research report, Global In Flight Voice Recognition Market By Technology, By Aircraft Type, By Application, By Region, Forecast & Opportunities, 2024, the global in flight voice recognition market is projected  to witness an impressive CAGR of around 20% during the forecast period owing to the increasing government investments in development of advanced aviation technologies especially in the developing countries. However, low-reliability rate for commercial aviation can hamper the growth of market during forecast period.


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The global in flight voice recognition market is segmented based on technology, aircraft type, application, company and region. Based on technology, the market can be bifurcated into voice recognition and speech recognition. The voice recognition segment is expected to witness significant growth during forecast period since the technology is expected to be commercially adopted once it gets certified by local aviation authorities.

Rockwell Collins, Honeywell International Inc., Raytheon Company, IBM Corporation, Air Force Research Laboratory-Wright-Patterson Air Force Base, SRI International, Airbus Americas Inc., SRI International, Inc., Thales USA Inc, VoiceFlight Systems LLC and others are some of the leading players operating in global in flight voice recognition market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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“North America is expected to dominate the market for in flight voice recognition during the forecast period, owing to the presence of established aviation industries in the regions coupled with the availability of constant government funding for research and development projects.  Additionally, the developed IT & telecom industry in the region is further anticipated to propel the growth of market through 2024.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global In Flight Voice Recognition Market By Technology, By Aircraft Type, By Application, By Region, Forecast & Opportunities, 2024 has evaluated the future growth potential of global in flight voice recognition market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers to take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global in flight voice recognition market.

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Tel: +1-646-360-1656
Email: sales@techsciresearch.com

Tuesday, 26 November 2019

Two Wheeler Segment to Continue its Dominance in India Automotive Voltage Regulator

Rising adoption of advanced technologies in automotive sector is driving demand for automotive voltage regulators in India
According to TechSci Research report, India Automotive Voltage Regulator Market By Vehicle Type, By Functionality, By Region, Competition, Forecast & Opportunities, 2025, India automotive voltage regulator market is anticipated to cross 30 million units by 2025, owing to its wide usage in voltage control for several smart features introduced in vehicles like, smart fuel saving tips, enhanced gesture control, integration with smartphones in modern vehicles, camera system for parking, various sensors for better safety features, tire pressure monitoring system, etc., as all these advanced features require uniform voltage supply for smooth functioning.

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Indian automotive voltage regulator market can be segmented based on vehicle type, functionality type and region. In terms of vehicle type, two-wheeler segment accounted for the largest share and the trend is expected to continue in the forthcoming years as well. In terms of functionality type, Mono functionality is the dominating segment in India automotive voltage regulator market, as all two-wheelers have this type of functionality. Based on vehicle type, two-wheeler captured the major share in 2018. This is because most of the people in India prefer bikes due to their affordability, fuel efficiency and low cost of maintenance. 
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UNO Minda, Valeo, Denso, TVS Lucas, and Mitsubishi Electric Automotive India Pvt. Ltd. are some of the leading players operating in India automotive voltage regulator market. “Western India dominated the automotive voltage regulator market in 2019, backed by the presence of manufacturing hubs of leading players like, Bajaj Auto, FIAT, Tata Motors, Ashok Leyland, etc., in the region. Moreover, the sales of vehicles in western region are higher compared to other regions of the country.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
India Automotive Voltage Regulator Market By Vehicle Type, By Functionality, By Region, Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of India automotive voltage regulator market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India automotive voltage regulator market.
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About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
 Tel: +1-646-360-1656